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The New Daily
The New Daily
Business
The New Daily

States make landmark energy agreement amid warning of more power shortages

The new powers are designed to avoid this winter's gas shortages. Photo: Getty

Federal Energy Minister Chris Bowen has given the energy market operator additional powers in a bid to avoid gas shortages next winter, as well as enshrining a landmark emissions-reduction objective for the industry.

Following a meeting between Mr Bowen and his state counterparts on Friday, it was announced that the Australian Energy Market Operator [AEMO] would have the power to shore up domestic gas supply to the country’s east coast market from next year.

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